Regulation 5 - Publishing consultation paper of the proposed regulations or subsidiary instructions
International Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025. Chapter III PROCEDURE OF PUBLIC CONSULTATION, APPROVAL OF REGULATIONS AND SUBSIDIARY INSTRUCTIONS
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Public consultation for proposed regulations requires website publication of regulatory basis, draft measures, and comment procedures. Public comments must be sought before specified regulations or subsidiary instructions are made. Publication of a consultation paper on the Authority's ... Summary
Referred In :
International Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025.
Public consultation for proposed regulations requires website publication of regulatory basis, draft measures, and comment procedures.
Public comments must be sought before specified regulations or subsidiary instructions are made. Publication of a consultation paper on the Authority's website is required. The paper must state relevant international norms and regulatory best practices, the problem addressed, regulatory intent and objectives, enabling enactment or regulation, draft measures, and the manner, process, and timelines for public comments.
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